Brokerages Set Watches of Switzerland Group plc (LON:WOSG) PT at GBX 474.17

Shares of Watches of Switzerland Group plc (LON:WOSG) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 474.17 ($5.97).

Several equities research analysts have recently issued reports on WOSG shares. Jefferies Financial Group restated a “buy” rating and issued a GBX 440 ($5.54) price objective on shares of Watches of Switzerland Group in a research note on Tuesday, September 3rd. Stifel Nicolaus restated a “hold” rating and set a GBX 430 ($5.41) price objective on shares of Watches of Switzerland Group in a report on Wednesday, September 4th. Finally, Shore Capital reiterated a “not rated” rating on shares of Watches of Switzerland Group in a research note on Friday, October 4th.

Watches of Switzerland Group Price Performance

LON WOSG opened at GBX 447.20 ($5.63) on Friday. The firm has a market cap of £1.07 billion, a P/E ratio of 1,788.80, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17. The stock’s 50-day moving average is GBX 439.44 and its two-hundred day moving average is GBX 409.46. Watches of Switzerland Group has a fifty-two week low of GBX 324 ($4.08) and a fifty-two week high of GBX 728 ($9.17). The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48.

About Watches of Switzerland Group

Watches of Switzerland Group PLC operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States. It offers its products under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Betteridge brands. The company also engages in sale of fashion and classic watches, and jewelry; and gifts, as well as provides servicing, repairs, and product insurance services.